LivePerson to lay off 30 Israelis in the wake of a new deal with India’s Infosys
The Indian giant is shifting LivePerson’s cloud-based activity to the public cloud, 30 other Israelis to transfer to Infosys following the strategic agreement
Meir Orbach | 11:55 01.11.2020
A strategic partnership agreement signed between Nasdaq and Tel Aviv-listed customer engagement company LivePerson Inc. and India-based Infosys Ltd. will bring about layoffs in the Israeli team. As part of the agreement, the Indian giant will shift LivePerson’s cloud-based activity to the public cloud. As a result of the deal, LivePerson will lay off 30 of its 350 Israeli employees and an additional 30 people will be transferred to work for the Indian company. LivePerson employs 1,300 people worldwide. The shift to the public cloud and the agreement with the Indian company is part of a transition the company is experiencing amid the Covid-19 pandemic. The increased demand for the company’s customer engagement platform required it to upgrade its systems and the agreement with the Bangalore-based company is meant to reduce LivePerson’s costs and the possibility of significantly upgrading its cloud service. In July, LivePerson announced that it would be shifting completely to a work from home model and foregoing its offices worldwide.